The United States has approved a temporary 30-day waiver allowing the sale of Iranian oil at sea. The move aims to increase global supply and ease pressure on rising energy prices.
The decision was announced on Friday as US President Donald Trump seeks to stabilize oil markets amid tensions following US and Israeli military actions against Iran.
Treasury Secretary Scott Bessent stated that the waiver could add approximately 140 million barrels of Iranian oil to global circulation, helping to relieve supply constraints. Under the temporary license, the oil can be purchased and transported under specific conditions necessary to complete transactions or deliveries.
Certain regions, including Cuba, North Korea, and Crimea, remain excluded from the waiver. While the US has largely avoided importing Iranian oil since sanctions were imposed after the 1979 revolution, it is unclear whether any of the oil released under this waiver will reach American markets.
This marks the third sanctions-related waiver issued by the United States in recent weeks. Officials stressed that sanctions on Iran remain in place and efforts to limit Tehran’s access to revenue and the global financial system will continue.
Analysts note that the waiver demonstrates the United States’ balancing act. While maintaining sanctions, the move also aims to address rising global energy prices. The temporary easing may stabilize international markets without undermining the broader sanctions framework.
The waiver could provide short-term relief for consumers and global economies struggling with higher fuel costs. Observers are closely monitoring whether Iran will be able to export significant volumes of oil under these conditions.
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This step highlights the complex dynamics of global energy markets, sanctions, and geopolitical tensions affecting the flow of Iranian oil worldwide.
